📉 Stop-Loss on Binance Platform
🔹 Goal: Protect capital and prevent significant losses
🔹 Method: Set a sell order that activates when the price reaches a certain level
✨ Practical Example:
I bought a coin at a price of 100 USDT
You set: If it drops to 90 USDT → it sells automatically
Result: You only lose 10% and avoid a larger drop
⚙️ Steps in Spot Trading:
1️⃣ Choose the pair (Example: BTC/USDT)
2️⃣ In the sell section ➝ activate the Stop-Limit option
3️⃣ Fill in the data:
Stop = the price that activates the order (Example: 90)
Limit = the price at which the sale occurs (Example: 89.5)
Amount = the quantity
4️⃣ Press ✅ Confirm
💡 Tip from Binance:
Set a stop-loss level far enough from normal volatility
Do not invest all your balance in one coin
Diversify risks and maintain your strategy
SOLUSDT
Perp
131.94
-4.62%
BTCUSDT
Perp
90,103.3
-1.46%